Interview: Shashwat Gupta, Co-Founder of Altcoin Buzz

I studied and practiced Corporate Law before getting a few small ventures started in the music and tech spaces and after ignoring the crypto space for a while, I decided to get into the space full-time end of 2016. Initially, in this space, I spent most of the time speaking with people who had been in it for a while, online or at meetups about their journey and experiences in the space to find out the good and bad. Getting various perspectives made me realize how vast and empty the crypto space was and still is and the kind of opportunities that exist in it, making it easier for me to find the area I wanted to focus on.

Does it seem like a logical background to what you do now?

Yes, absolutely.

1 min pitch for what you are doing now?

With Altcoin Buzz, we focus on creating easy to understand content for people in the crypto space. Basically, we hope to give people who want to get into this space or explore the space, a starting point. We have a team of extremely talented people distributed in 9 different countries helping us in various aspects of the business.

Why did you decide to use ClearPoll for your surveys/polling?

It started because I was asked to try ClearPoll on a Tweet some time ago and after checking it out I really liked what they had built and their plans for future updates. We have been regularly clearpolling ever since.

Why do you think the crypto market is so volatile in general?

With cryptocurrencies, we are at an evolutionary stage and it will take some time for a better understanding amongst the masses and for the space to mature. The markets are volatile because our sentiments are volatile and there is a fast mental pendulum swinging from the excitement of success to the fear of uncertainty, sometimes no different from that of a slot machine. But then, it is this nature of these markets that brings attention to it in the first place.

Why do you think the crypto market is so low at the moment in particular?

On a smaller time frame the market may seem to be low and so one shouldn’t be dismayed if the value seems low, because if you made a sound investment decision you have not lost till you sell, unless it was a gamble and I am not a gambling man. I think the saying, ‘Don’t invest more than you can afford to lose’ needs to be changed and people should consider very seriously where they invest even if they can ‘afford to lose’ that money. Although it may appear to be such, this industry, in reality, is not a slot machine and besides just investments full of opportunities for anyone.

What type crypto projects do you usually invest in and why?

I usually invest in ICOs and as I believe ICOs stand for innovation in the space as of now and just because the markets are a bit down does not mean innovation should stop. I also spend a lot of time studying hundreds of projects a month before investing in one or two, if at all. For some projects that I like, but pass on ICO because of tokenomics, or I don’t have access to buy during the ICO, so I pick them up from an exchange later.